Spur Line Common Phase 3 is a new pre-construction property by Reid’s Heritage Homes in Waterloo. Get VIP access 30-60 days before the public launch—that means first pick of the best units and lowest prices.
Starting at $500,000s, Spur Line Common Phase 3 is a solid choice whether you're buying to live in or as an investment. You'll lock in today's developer pricing while the property value grows during the 3-5 year build period.
Your brand new home awaits you at , an exciting Master-Planned Community featuring Condos & Stacked Townhomes coming soon to the heart of Waterloo! Located at Moore Ave S & Roger St, Spur Line Common is perfectly situated from all of your must-haves amenities where future residents will be moments from a stop along the ION Light Rail Transit Line, the Kitchener Train Station, the region’s Top Universities, Grand River Hospital, Major Highways, Big Box Stores and so much more.
Spur Line Common Phase 3 sits in Waterloo at 103 Roger Street, Waterloo Nearest Intersection: Moore Ave S & Roger St. University town with a booming tech sector. ION LRT, Uptown Waterloo, and strong rental demand from students and tech workers.
Waterloo keeps growing—new transit, more jobs, better infrastructure. That's why pre-construction here makes sense. You're buying into a city on the upswing.
Spur Line Common Phase 3 is priced better than most resale homes in Waterloo. You lock in today's developer price, and by the time it's built (usually 3-5 years), the market's usually gone up. That's free equity before you even move in.
Reid’s Heritage Homes has been building in the GTA for years. They know what they're doing, finish on time, and build quality homes that hold their value. That matters when you're investing this much money.
Get Developer HistoryDiscover why Waterloo is an ideal location for pre-construction investment
Waterloo is a vibrant community in the Greater Toronto Area, offering excellent opportunities for pre-construction real estate investment. Located in Waterloo, Spur Line Common Phase 3 offers a perfect blend of urban convenience and suburban comfort.
Waterloo is well-connected to the rest of the GTA through GO Transit and major highways, providing convenient access to downtown Toronto and other employment centers.
Residents enjoy access to excellent schools, healthcare facilities, shopping centers, and recreational spaces.
Waterloo has shown consistent growth in property values, making it an attractive market for real estate investors.
Well-connected to downtown Toronto and the GTA
Consistent property value appreciation
Modern amenities and community infrastructure
Most Reid’s Heritage Homes projects require a 15-20% total deposit paid in stages over 18-24 months. Contact us for the specific structure for this project.
Occupancy is tentatively scheduled for 2027/2028. Dates are subject to change and will be confirmed in the Agreement of Purchase and Sale.
Yes, most pre-construction projects by Reid’s Heritage Homes allow assignments, typically with a small fee or sometimes free as a VIP incentive. This allows you to sell your contract before closing.
Closing costs generally range from 3-5% of the purchase price, covering Land Transfer Tax, legal fees, and development levies. We negotiate capped levies to protect your bottom line.
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